HR 2384 · 119th CongressPassed Housecongress.gov ↗
What this bill does
AI plain-language summaryThis bill creates a new working group to study how terrorists and criminals use digital money and new technologies. The group must write reports about these problems and suggest ways to improve efforts to stop money laundering and terrorist financing. The working group will end after four years or when it finishes its work, whichever takes longer. The Treasury Department must also write a report about how countries, non-government groups, and terrorists might use digital money to avoid sanctions and threaten U.S. national security, plus create a plan to prevent this from happening.
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